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Snap shares plummet 15% after weak second-quarter revenue metric
Technology

Snap shares plummet 15% after weak second-quarter revenue metric

Snap shares tanked more than 15% Tuesday when it reported second-quarter earnings in which global average revenue per user missed expectations. Here is how the company did compared with Wall Street’s expectations: Earnings per share: Loss of 16 cents. That figure is not comparable to analysts’ estimates. Revenue: $1.34 billion vs. $1.35 billion expected, according to LSEG  […]

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Palo Alto CEO Nikesh Arora confronts Wall Street skeptics after company’s biggest bet yet
Technology

Palo Alto CEO Nikesh Arora confronts Wall Street skeptics after company’s biggest bet yet

Nikesh Arora of the United States on the first hole during the third round of The Alfred Dunhill Links Championship at The Old Course on October 02, 2021 in St Andrews, Scotland. David Cannon | David Cannon Collection | Getty Images When Nikesh Arora was named CEO of Palo Alto Networks in June 2018, the […]

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Amazon cuts some Wondery podcast jobs as part of reorganization of audio business
Technology

Amazon cuts some Wondery podcast jobs as part of reorganization of audio business

The logo for Wondery is displayed on a smartphone in an arranged photograph taken in the Brooklyn borough of New York, U.S., on Tuesday, Sept. 29, 2020. Gabby Jones | Bloomberg | Getty Images Amazon is terminating some positions in its Wondery podcast division and the head of the group is leaving as part of […]

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Legal AI startup Harvey hits 0 million in annual recurring revenue
Technology

Legal AI startup Harvey hits $100 million in annual recurring revenue

Harvey co-founders Winston Weinberg and Gabe Pereyra Courtesy of Harvey Artificial intelligence startup Harvey on Monday announced it has reached $100 million in annual recurring revenue, or ARR, just three years after its launch.  Harvey runs an AI-powered legal platform for lawyers at law firms and large corporations. Its technology can help with legal research, […]

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Robotaxis are becoming a reality. Who’s poised to win in China and beyond
Finance

Robotaxis are becoming a reality. Who’s poised to win in China and beyond

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Figma CEO’s path from college dropout and Thiel fellow to tech billionaire
Technology

Figma CEO’s path from college dropout and Thiel fellow to tech billionaire

Dylan Field, co-founder and CEO of Figma, signs the guestbook on the floor of the New York Stock Exchange in New York on July 31, 2025. Michael Nagle | Bloomberg | Getty Images Mark Zuckerberg may be the most famous college-dropout-turned-tech-billionaire. Dylan Field is the latest, after his design startup Figma soared in its stock […]

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Why Black entrepreneurs flock to Martha’s Vineyard every August
Business

Why Black entrepreneurs flock to Martha’s Vineyard every August

Sign at Martha’s Vineyard Airport, Massachusetts Cindygoff | Istock | Getty Images Martha’s Vineyard has long been a summer vacation destination for Black families, but August in the Massachusetts beach community is becoming an important hub for Black entrepreneurs, investors and financial firms, too. “I would say the magic of it is really about introducing […]

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Google has dropped more than 50 DEI-related organizations from its funding list
Technology

Google has dropped more than 50 DEI-related organizations from its funding list

Google CEO Sundar Pichai gestures to the crowd during Google’s annual I/O developers conference in Mountain View, California, on May 20, 2025. David Paul Morris | Bloomberg | Getty Images Google has purged more than 50 organizations related to diversity, equity and inclusion, or DEI, from a list of organizations that the tech company provides […]

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Amazon stock sinks 7% after earnings: Here are the key takeaways
Technology

Amazon stock sinks 7% after earnings: Here are the key takeaways

Amazon CEO Andy Jassy looks on during an Amazon Devices launch event in New York City, U.S., February 26, 2025. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters Amazon on Thursday reported second-quarter earnings that beat expectations on most metrics, but the results weren’t good enough to please Wall Street. Amazon stock slid following the release and […]

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‘What am I falling in love with?’ Human-AI relationships are no longer just science fiction
Technology

‘What am I falling in love with?’ Human-AI relationships are no longer just science fiction

Nikolai Daskalov lives alone in a small house in rural Virginia. His preferred spot is a brown suede recliner in the middle of his living room facing a vintage wooden armoire and a TV that’s rarely turned on. The front of the white home is covered in shrubs, and inside there are trinkets, stacks of […]

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